Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in India - 2023
Contents:
- Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in India (FOB) - 2022
- Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in India (CIF) - 2022
- Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in India
- Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in India
Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in India (FOB) - 2022
The average export price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses stood at $165 per unit in 2022, reducing by -21.5% against the previous year. In general, the export price saw a drastic downturn. The pace of growth appeared the most rapid in 2018 when the average export price increased by 18% against the previous year. The export price peaked at $390 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kenya ($706 per unit), while the average price for exports to Bangladesh ($95 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in India (CIF) - 2022
In 2022, the average import price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses amounted to $980 per unit, surging by 24% against the previous year. Over the period under review, the import price recorded a modest expansion. The pace of growth appeared the most rapid in 2019 an increase of 155%. The import price peaked at $1,753 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($5,301 per unit), while the price for China ($976 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+37.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in India
In 2022, the amount of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses exported from India soared to 17K units, growing by 68% against the previous year. Over the period under review, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses surged to $2.8M in 2022. The total export value increased at an average annual rate of +5.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 374 | 393 | 433 | 716 | 24.2% |
| Bangladesh | 47.1 | 64.7 | 202 | 660 | 141.1% |
| Sri Lanka | 134 | 180 | 345 | 215 | 17.1% |
| Kenya | 94.7 | 81.8 | 145 | 186 | 25.2% |
| Netherlands | 381 | 686 | 389 | 176 | -22.7% |
| Turkey | 57.0 | 51.9 | N/A | 123 | 29.2% |
| Saudi Arabia | 139 | 137 | 35.4 | 83.9 | -15.5% |
| Australia | 109 | 43.9 | 97.6 | 81.5 | -9.2% |
| United States | 605 | 34.7 | 32.4 | 75.9 | -49.9% |
| Maldives | 8.8 | 41.2 | 58.2 | 75.7 | 104.9% |
| Qatar | 38.8 | 47.7 | 46.6 | 71.7 | 22.7% |
| Nepal | 36.8 | 51.2 | 52.9 | 36.1 | -0.6% |
| Others | 379 | 487 | 306 | 325 | -5.0% |
| Total | 2,404 | 2,299 | 2,143 | 2,827 | 5.6% |
Top Export Markets for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices from India in 2022:
- Bangladesh (6.9K units)
- United Arab Emirates (5.3K units)
- Sri Lanka (1.3K units)
- Turkey (0.4K units)
- Maldives (0.4K units)
- Saudi Arabia (0.3K units)
- Australia (0.3K units)
- Qatar (0.3K units)
- Netherlands (0.3K units)
- Kenya (0.3K units)
- Nepal (0.2K units)
- United States (0.2K units)
Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in India
In 2022, the amount of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses imported into India soared to 1.4K units, picking up by 556% on 2021. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 906% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses surged to $1.4M in 2022. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 38.8 | 453 | 136 | 1,367 | 227.8% |
| Others | 22.1 | 7.0 | 32.1 | 7.9 | -29.0% |
| Total | 60.9 | 460 | 169 | 1,375 | 182.6% |
Top Suppliers of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices to India in 2022:
- China (1400.0 units)
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